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A guide to accessing an online Accountant

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Alex, Staff Writer

Monday, 25 January 2021

Accounting

The traditional view of visiting an accountant is trudging along once a year to their office to do your tax returns. But the world is changing, and accountancy is no different. While physical locations still exist, more accountants are offering their services online instead. 

Whether you choose an online accountancy firm or a remote freelancer, accountancy has never been more convenient. Here’s what you can expect when you hire an online accountant.

Benefits of hiring an online Accountant

  • Can access the best talent and packages, regardless of your location

  • Ability to track each expense digitally

  • Easier tax filing/record-keeping (if you're specifically looking for someone to help with your tax preparation, you can search for tax accountants on Bark)

  • Accountancy websites have plenty of additional guidance for clients

  • There’s still someone at the end of the phone if you need it

  • Can read reviews before you hire someone

Accountancy software

Many online accountants have developed their own software for their clients to use. Or, they may include accountancy software as part of your package. Either way, the idea is that you can track expenses, send invoices and get an overview of your business’s performance. But instead of going it alone, your online accountant is on the other end to manage things. Plus, they’ll make your end-of-year filing a breeze because you can digitise everything. 

Business support

Just because you’re accessing the service online, doesn’t mean they won’t include all of the regular business support that you’d normally receive in person. The difference is, instead of emptying loads of receipts onto their table and sifting through a spreadsheet - they’ll already know where you are at! So, whether you need a cash flow forecast or even business recovery, your online accountant will remain in close contact throughout. 

Monthly packages vs ad-hoc requirements

The benefit of online accountancy is that it is a very flexible service. Some businesses decide to take out a monthly package so that they can benefit from software and ongoing support. Or you may wish to work with your online accountant for one-off requirements such as filing your company accounts. 

As all of the information is clearly explained, you know what it is you are getting for your money. Online accountancy breaks things down in a simple-to-understand format, so you can access the services you need at a transparent price point.

FAQ: How much does an online Accountant cost?

Wondering how much you'll pay for an online accountant? Read our handy price guide for a detailed breakdown of accountancy costs throughout the UK.

Choosing an online Accountant

Accounting

Once you’ve decided to do your accounting online, the only choice left to make is the professional in question. Many online accountants will have websites and social media, explaining their experience and services. 

As the service is remote, be sure to choose someone who is still based in your country. This way, you can be confident they’ll understand your country’s particular tax regulations. 

Check out their online reviews, and take your time to compare the different levels of packages they offer. Even though they are working remotely, your online accountant should still be able to call or video call for meetings.

Ready to find an online accountant? Connect with the perfect professional for the job on Bark.

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